According to him, sectors to look out for ahead of Budget 2023 are energy, healthcare and pharma, speciality chemicals, technology and manufacturing.
Edited excerpts:
1. Given the predictions of a mild recession, what is your outlook for the market? Any levels you are looking at, for Nifty, Sensex?
We do not see the global economy at imminent risk of sliding into recession in early 2023. The financial conditions drag is being cushioned by a fading of supply chain and commodity price shocks. The sharp drop in inflation is helping the world economy grow, so a recession is not likely to happen soon.
Unlike the last year when we saw a bull run before a correction, we can expect the equity markets to be volatile. There are exciting opportunities in Commodity and…
